Feds charge a group of Genentech vets with another scheme to steal trade secrets — this time to help a Taiwanese biotech
A group of 4 ex-Genentech staffers led by a longtime principal scientist at the big biotech was hauled in front of a federal judge in San Francisco earlier this week and charged with multiple counts of stealing trade secrets for the benefit of a Taiwanese biotech company.
According to the US attorney’s office, Xanthe Lam — a senior scientist at Genentech from 1986 to last year — “downloaded, collected and transferred” trade secrets on drugs and the management of raw materials related to Rituxan, Herceptin and Avastin to Allen Lam, her husband and another ex-Genentecher.
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